Republican (fascist/socialist) President George Herbert “Read my lips, now new taxes” Walker Bush signs the Federal Housing Enterprises Financial Safety and Soundness Act, requiring Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation (a.k.a. “Fannie Mae and Freddie Mac“) to commit a greater portion of their mortgage securities purchases from commercial banks that encourage them to write more loans to provide “affordable” housing” (that is “socially responsible” purposes).

       [restored 3/4/2023] Thanks to Chuck McGlawn for this entry.

       Republican President George Herbert “Read my lips: no new taxes” Walker Bush signs the Bradley Professional and Amateur Sports Protection Act, prohibiting all states (except the Federal enclave of Nevada) from legalizing sports betting.

       [added 3/4/2023] Thanks to Freedom’s Phoenix for this entry.